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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Comment by reefsandals4evaon Jan 23, 2017 9:36am
128 Views
Post# 25740593

RE:RE:RE:RE:RE:RE:RE:@wizthewiz go to Reports ,third monitor report pg10&11

RE:RE:RE:RE:RE:RE:RE:@wizthewiz go to Reports ,third monitor report pg10&11
What I meant to say, The shareholders and unsecured can not stop the restructuring once it is in CCAA, bill C-47 if I remember correct. The minority shareholders can not stop a restructuring of a company once it is in CCAA because in most cases it doesn't benefit anyone, The secured get paid in full in a bankruptcy so if they take a loss the minority shareholders don't have the right to stop a restructuring that could benefit everyone.
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